WHAT NO ONE IS GETTING HERE IS THAT THIS COIN DILUTES WAY TOO MUCH, this is what needs to be fixed, the community is great, the devs are great, rodemap seems great but the coin is just way to easy to mine. MINERS(holders) cant keep up with the rate of coins being minted and then DUMPED thats the problem here. other than that everything is GREAT.
telling your friends cause as soon as you tell them then a day passes another 110k coins are minted yet again and then dumped into the market causing it to lower in price, and its gonna be like that till it halves 2X... thats the only issue this coin has.. the devs need to fix this.
I don't understand your statement here... When you check coinwarz.com then we are more difficult to mine then Digibyte, USDe, Doge... we are just in a bearmarket, it is not KDC alone. USDe was trading above 500, my cryptsy account has crashed by 30%, so meaning that on average ALL altcoins are lower by 30%
If i'm not mistaken then ONLY 110880 coins are being mine every day, that is at current level ONLY 7.76BTC!!! This is NOT a lot when you compare it to other coins...
http://www.coinwarz.com/cryptocurrencyIn your scenario what will happen, is that big bag holders will sell their coins when they notice the price doubled(or more) because of a new structure, so a lot of selling pressure will happen. I know at least a few people with a total amount of 300K that will press the sell button, believe me...Now big bag holders (including me) are buying coins, not for 7.76BTCs, but we are buying. If structure will change then we will lose the possibility that multipool owners are mining at KDC, because we will fall lower on coinwarz, we lost the big bag holders as everybody will press the sell button and price will drop to 7000 again or even lower.
New miners will not enter KDC because they can only mine a few coins, and will mine DOGE, USDE,... meaning KDC will be dead in a few months.
Anyway, DEV will come back to use with their view. And what they decide is what will happen...
Thank you. I've been trying to point this out for the last few pages but nobody wants to hear it. Hopefully you described it more plainly so people actually understand it better and realize there's nothing about the coin that needs to be "fixed" at this point. Any short term fix is simply a long term loss for the coin.
